Base, the Coinbase-incubated package, has updated its 2024 roadmap and goals. In a blog post, Base said it will not only focus on building a development platform, but also on promoting the decentralization of such an environment, by building on-chain apps, and bringing liquidity to the ecosystem .
Basis for focus on building a ‘new economy’ in 2024
Base, the Coinbase-incubated Ethereum rollup, has unveiled an updated 2024 roadmap. The rollup indicated that it will now focus not only on building a “world-class on-chain development platform,” but also on the apps that can be built on top of it. of it and the capital that moves through it.
This commitment comes as part of the reconceptualization of the Base ecosystem, which is now conceived as a three-tier platform, with an app ecosystem layer and a market layer on top of the development component. For this task, Base wants to position itself as a rollup with a large capital component, coming from native and interconnected apps of Ethereum and other rollups.
With this new set of goals, Base aims to “attract more than 1 billion people to a thriving ecosystem of applications that enable the next wave of global creativity and innovation.”
Technically, this entails several types of tasks, including launching fault proofs to move towards a Phase 1 rollup, reducing costs through the adoption of EIP-4844 (Proto-Danksharding), promoting the adoption of ERC-4337 and smart wallets, improving the availability of Base’s on-ramps and off-ramps, and further integrating Base into the Coinbase ecosystem.
On the human side, Base has announced that it will continue to support developers with its Grants program and support throttle-free interactions and learning initiatives in coding. According to L2beat, Base is currently the third-largest total value locked (TVL) rollup, with more than $700 million in its network.
In September, Base grew to a TVL of $370 million, overtaking Solana’s numbers at the time.
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